Metals One PLC (LON:MET1 – Get Free Report) shares were up 13.9% during trading on Wednesday . The company traded as high as GBX 0.44 ($0.01) and last traded at GBX 0.43 ($0.01). Approximately 4,855,041 shares traded hands during trading, an increase of 636% from the average daily volume of 660,025 shares. The stock had previously closed at GBX 0.38 ($0.00).
Metals One Stock Up 20.0 %
The stock has a 50 day simple moving average of GBX 0.44 and a 200 day simple moving average of GBX 0.57. The company has a market cap of £1.49 million and a price-to-earnings ratio of -45.00.
About Metals One
Metals One is developing strategic metals projects in Finland (Black Schist Project) and Norway (Råna Project), with approximately £9 million of exploration carry exposure through a farm-in agreement. Metals One is aiming to help meet the significant demand for strategic minerals by defining resources on the doorstep of Europe’s major electric vehicle OEMs and battery manufacturers.
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